1009672--2/26/2010--CARBO_CERAMICS_INC

related topics
{cost, regulation, environmental}
{customer, product, revenue}
{property, intellectual, protect}
{loss, insurance, financial}
{product, liability, claim}
{operation, international, foreign}
{stock, price, operating}
{competitive, industry, competition}
{gas, price, oil}
{cost, operation, labor}
We may be adversely affected by decreased demand for ceramic proppant or the development by our competitors of effective alternative proppants. We rely upon, and receive a significant percentage of our revenues from, a limited number of key customers. We rely on certain patents. We provide environmental warranties on certain of our containment and spill prevention products. Third parties may claim that we are infringing their intellectual property rights. We operate in an increasingly competitive market. Significant increases in fuel prices for any extended periods of time will increase our operating expenses. Environmental compliance costs and liabilities could reduce our earnings and cash available for operations. Our international operations subject us to risks inherent in doing business on an international level that could adversely impact our results of operations. Undetected defects in our fracture simulation software could adversely affect our business. The market price of our common stock will fluctuate, and could fluctuate significantly. Our actual results could differ materially from results anticipated in forward-looking statements we make.

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